---
title: "UBS lowers its price target on EVgo, Inc. (EVGO) to $5.50 from $5.90 and maintains a buy rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278841358.md"
description: "UBS has lowered its price target for EVgo, Inc. (NASDAQ:EVGO) from $5.90 to $5.50 while maintaining a Buy rating. This adjustment follows a similar action by Stifel analyst Stephen Gengaro, who also reduced the price target for the company. EVgo is recognized as one of the 11 Fastest Growing Penny Stocks to Buy Right Now."
datetime: "2026-03-12T07:51:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278841358.md)
  - [en](https://longbridge.com/en/news/278841358.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278841358.md)
---

# UBS lowers its price target on EVgo, Inc. (EVGO) to $5.50 from $5.90 and maintains a buy rating

EVgo, Inc. (NASDAQ:EVGO) is among the 11 Fastest Growing Penny Stocks to Buy Right Now. On March 6, 2026, UBS analyst Jon Windham lowered the price target on EVgo, Inc. (NASDAQ:EVGO) to $5.50 from $5.90 and maintained a Buy rating. On March 4, 2026, Stifel analyst Stephen Gengaro lowered the price target on EVgo, Inc. \[…\]

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